Analyzing Manufacturing Cost AccountsFire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June:MaterialsJune 1 Balance 82,500 June 30 Requisitions (A)June 30 Purchases 330,000 Work in ProcessJune 1 Balance (B) June 31 Completed jobs (F)June 30 Materials (C) June 30 Direct labor (D) June 30 Factory overhead applied (E) Finished GoodsJune 1 Balance 0 June 30 Cost of goods sold (G)June 30 Completed jobs (F) Wages PayableJune 30 Wages incurred 330,000Factory OverheadJune 1 Balance 33,000 June 30 Factory overhead applied (E)June 30 Indirect labor (H) June 30 Indirect materials 44,000 June 30 Other overhead 237,500 In addition, the following information is available:Materials and direct labor were applied to six jobs in June:Job No. Style Quantity Direct Materials Direct Labor201 T100 550 $55,000 $41,250 202 T200 1,100 93,500 71,500 203 T400 550 38,500 22,000 204 S200 660 82,500 69,300 205 T300 480 60,000 48,000 206 S100 380 22,000 12,400 Total 3,720 $351,500 $264,450 Factory overhead is applied to each job at a rate of 140% of direct labor cost. The June 1 Work in Process balance consisted of two jobs, as follows:Job No. Style Work in Process, june 1Job 201 T100 $16,500 Job 202 T200 44,000 Total $60,500 Customer jobs completed and units sold in June were as follows:Job No. Style Completedin june Units Soldin june201 T100 X 440 202 T200 X 880 203 T400 0 204 S200 X 570 205 T300 X 420 206 S100 0 Required:1. Determine the missing amounts associated with each letter by completing the table below. If an answer is zero, enter in "0". Enter all amounts as positive numbers. Job No. Quan-tity June 1Work inProcess Direct Materials Direct Labor Factory Overhead Total Cost Unit Cost Units Sold Cost of Goods SoldNo. 201 550 $ $55,000 $41,250 $ $ $ $ No. 202 1,100 93,500 71,500 No. 203 550 38,500 22,000 No. 204 660 82,500 69,300 No. 205 480 60,000 48,000 No. 206 380 22,000 12,400 Total 3,720 $ $351,500 $264,450 $ $ $ A. Materials Requisitions $B. Work in Process Beginning Balance $C. Direct Materials $D. Direct Labor $E. Factory overhead applied $F. Completed jobs $G. Cost of goods sold $H. Indirect labor $2. Determine the June 30 balances for each of the inventory accounts and factory overhead. Materials $Work in Process $Finished Goods $Factory Overhead $